Search found 2964 matches

by MotoTrojan
Mon Jan 21, 2019 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed to Roth, may make too much in 2019
Replies: 5
Views: 504

Re: Contributed to Roth, may make too much in 2019

As long as you have no pretax tIRA assets this is an easy process. You will pay tax on any gains that occur prior to the final conversion.
by MotoTrojan
Mon Jan 21, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788795

Re: U.S. stocks in free fall

Earl Lemongrab wrote:
Mon Jan 21, 2019 1:06 pm
Houe wrote:
Mon Jan 21, 2019 10:30 am
With the market looking much better who here is thinking of getting back into the market? The crash in December was brutal. Scared many (including me).
If you think that was a crash or brutal, you really need to review history. Or your asset allocation. That was a blip.
+1
by MotoTrojan
Mon Jan 21, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for International Travel
Replies: 51
Views: 3032

Re: Best Credit Card for International Travel

28fe6 wrote:
Fri Jan 18, 2019 11:28 pm
I like my Uber Visa. No annual fee, no foreign transaction fee, and 4% back on food.
And 3% on travel. Wells Propel combined with Signature is better though (4.5% on food gas and travel when used for airfare), has a much better signup bonus, but it is a AMEX.
by MotoTrojan
Sun Jan 20, 2019 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in tax deferral account?
Replies: 11
Views: 540

Re: REIT in tax deferral account?

Correct - holding a REIT in a 401K, IRA, and Roth accounts is the ideal place for it. Just be careful of individual stocks. Some of the stocks that pay 10%+ dividends are value traps - and may even go out of business. Buying a REIT index fund (like VNQ) might be a better approach - if you want to o...
by MotoTrojan
Sun Jan 20, 2019 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in tax deferral account?
Replies: 11
Views: 540

Re: REIT in tax deferral account?

What is the difference between a REIT paying a >10% dividend and a high-flying tech stock also gaining double digits annually? Dividends aren’t magic money. Not sure what you mean by "gaining double digits annually"-- if you mean that the stock increases in value by 10% then the difference is that ...
by MotoTrojan
Sun Jan 20, 2019 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Capital One 360 MM for $500 bonus
Replies: 31
Views: 2559

Re: Capital One 360 MM for $500 bonus

z3r0c00l wrote:
Fri Jan 18, 2019 10:20 am
$200 for $10,000 seems pretty solid!
Terms used to allow cumulative deposits too (could deposit the same $3334 three times over 10 days). There are many similar offers out there.

Checkout Doctor of Credit for a comprehensive list.
by MotoTrojan
Sun Jan 20, 2019 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in tax deferral account?
Replies: 11
Views: 540

Re: REIT in tax deferral account?

What is the difference between a REIT paying a >10% dividend and a high-flying tech stock also gaining double digits annually? Dividends aren’t magic money.
by MotoTrojan
Sat Jan 19, 2019 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Any downsides to repeatedly switching between varioud money market funds?
Replies: 7
Views: 602

Re: Any downsides to repeatedly switching between varioud money market funds?

123 wrote:
Sat Jan 19, 2019 1:15 pm
Chasing yield. Since it's MMFs you likely won't lose too much doing it. If you must be "doing something" it's probably safer than chasing something more significant.
Agreed.
by MotoTrojan
Sat Jan 19, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: What active management stock funds would you own?
Replies: 79
Views: 4863

Re: What active management stock funds would you own?

I'm interested if anyone (everyone) would consider Vanguard Tax-Managed Small Cap Fund Admiral Shares VTMSX to be active. IMHO no more so than a small-cap value or growth fund. I’m not an expert but I believe the fund just uses the S&P600 and excludes some high-yield companies while staying broadly...
by MotoTrojan
Sat Jan 19, 2019 6:06 pm
Forum: Investing - Theory, News & General
Topic: What active management stock funds would you own?
Replies: 79
Views: 4863

Re: What active management stock funds would you own?

Any active fund which is highly diversified, has an expense ratio at 0.30% or less and with a buy-and-hold approach that avoids capital gains distributions and ordinary dividends. The advantage of index funds is in those qualities. Aside from the psychological factor of avoiding benchmark tracking ...
by MotoTrojan
Sat Jan 19, 2019 6:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788795

Re: U.S. stocks in free fall

Just a hunch. I could well be wrong but I have a interest income fund paying 2.8% to park it in while I see if my hunch was correct. The dividend yield on the S&P is just over 2%. The market is still down 8.87% from its September highs. Are you playing for a short term drop or you do think we will ...
by MotoTrojan
Sat Jan 19, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: 401k - withdraw all at once? check my math
Replies: 11
Views: 741

Re: 401k - withdraw all at once? check my math

I'm looking for advice about reducing taxes for this situation. My 67 year-old mother-in-law has about $16000 in a 401k from her former employer. She has no income except for social security. Resides in MN, married filing separately. She is looking to get that money into a standard savings account,...
by MotoTrojan
Sat Jan 19, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788795

Re: U.S. stocks in free fall

I went 80% cash today at the close. It may be a brilliant move or... :oops: Whyfore thou go to 80% cash? Just a hunch. I could well be wrong but I have a interest income fund paying 2.8% to park it in while I see if my hunch was correct. The dividend yield on the S&P is just over 2%. The market is ...
by MotoTrojan
Sat Jan 19, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: What does 20% extra of portfolio allocated to equities get you?
Replies: 107
Views: 5904

Re: What does 20% extra of portfolio allocated to equities get you?

and what happens to that 20% equity portfolio if we get a 30%-60% stock crash that takes 2-5 years to recover? Ive done backtests on stock/bond ratios from 100/0 to 0/100 and the best rish reward ration is 30% stocks/70% bonds to a 50/50% mix. Im currently 49% stocks and 51% bonds and Im going to c...
by MotoTrojan
Fri Jan 18, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: Importance of college summer internships??
Replies: 44
Views: 1809

Re: Importance of college summer internships??

Plan C is to live at home or in her college town apartment and earn money waiting tables, cashiering, or whatever. texasdiver, This is a great learning experience if she does not have any real job at all. My kids learned a lot from their experience while doing that in high school. KlangFool She wor...
by MotoTrojan
Fri Jan 18, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788795

Re: U.S. stocks in free fall

AnalogKid22 wrote:
Fri Jan 18, 2019 5:27 pm
DanMahowny wrote:
Fri Jan 18, 2019 5:20 pm
H-Town wrote:
Fri Jan 18, 2019 10:49 am
Anyone still hold cash on the sideline?
I am basically all cash. I hold 0% equities.

This is far from over.
Why not DCA?
He was invested and pulled out because he believes the market will decline. No reason to DCA that I can see (I still disagree with his plan).
by MotoTrojan
Fri Jan 18, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth moving
Replies: 7
Views: 753

Re: Is it worth moving

Consider VUSXX with a 2.3% yield and state tax free. Dont have to chase rates as they go up when rates go up. It has expense ration of 0.09% - whats the maintenance fee for this account? I believe the yield is net of the fee, no? I wouldn't switch banks unless the new one had a special offer such a...
by MotoTrojan
Fri Jan 18, 2019 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100-0 to 90-10 with bonds in taxable account
Replies: 15
Views: 1011

Re: Going from 100-0 to 90-10 with bonds in taxable account

You have $100K in cash right now but still consider yourself 100/0, or you'll be making (and investing) $100K this year? I am not sure if 90-10 will be enough to calm you if this entirely normal market movement in 2018 scared you off. Also as to rebalancing with cash vs. bonds, unless you are close ...
by MotoTrojan
Fri Jan 18, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1678

Re: [Wash sale concern - Are these stocks substantially identical?]

I disagree on the fund named Total Stock Market; these indices are substantially different in my book. Yesterday someone told me they use VIOV and IJS; this would be a gross wash sale IMHO (same index) but I have no proof anyone has ever been hit for that even. Dozens of differences for both the va...
by MotoTrojan
Fri Jan 18, 2019 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Growing Up & Learning More - Changing Funds in Roth IRA?
Replies: 3
Views: 192

Re: Growing Up & Learning More - Changing Funds in Roth IRA?

No taxable investments? If you give us your 401k options (including ER), current holdings, and desired AA I’m sure we can help. I’d wager 2055 is fine in your Roth. You could also use a slightly more conservative target fund and then hold only Total US or Large Cap (S&P500) in your 401k. This would ...
by MotoTrojan
Thu Jan 17, 2019 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) vs Taxable on a low income
Replies: 16
Views: 1192

Re: 401(k) vs Taxable on a low income

Are Roth deferrals available in your 401(k) plan? Not as far as I can tell. Why? They seem like the opposite of what I want. Not sure what a Roth deferral is but a Roth contribution is best in a low tax bracket, and beats taxable no matter what bracket. Roth is after tax just like taxable and then ...
by MotoTrojan
Thu Jan 17, 2019 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 2641

Re: What are some disadvantages to TLH?

Valid but I did want to point out that IJS and VIOV follow identical indices and thus by most peoples conservative approach they are not suitable TLH partners; would be like trading SPY for VOO. Some of us believe (mostly based on old IRS publications) that funds from different companies will not b...
by MotoTrojan
Thu Jan 17, 2019 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) vs Taxable on a low income
Replies: 16
Views: 1192

Re: 401(k) vs Taxable on a low income

Are Roth deferrals available in your 401(k) plan? Not as far as I can tell. Why? They seem like the opposite of what I want. Not sure what a Roth deferral is but a Roth contribution is best in a low tax bracket, and beats taxable no matter what bracket. Roth is after tax just like taxable and then ...
by MotoTrojan
Thu Jan 17, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3160

Re: How long until we see negative ER funds?

Where is the fiscal benefit of them using their own index? Licensing costs to the index themselves? What does that cost usually?
by MotoTrojan
Thu Jan 17, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1678

Re: [Wash sale concern - Are these stocks substantially identical?]

I wouldn't buy any fund named Total Stock Market to replace same in TLH. I don't know if they follow the same index or not, and am definitely no expert here; they just sound too similar. Maybe an S&P 500 fund would be fine, or an active large cap. Oh, I see you are not planning to replace with thes...
by MotoTrojan
Thu Jan 17, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Netflix Recommendations
Replies: 39
Views: 2827

Re: Netflix Recommendations

FlyAF wrote:
Wed Jan 16, 2019 4:58 pm
Wild Wild Country
Murder Mountain
These are both fantastic and highly recommended. Wild Wild Country was especially WILD.
by MotoTrojan
Thu Jan 17, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Netflix Recommendations
Replies: 39
Views: 2827

Re: Netflix Recommendations

Just finished watching "Black Mirror" also. Pretty good, not great; except season 3 episode 4 was off the charts great! Episode 2 (Playtest) was my favorite of that season. Making a Murderer. Wow. The Staircase. Ozark (think it’s Netflix). Making a Murderer: as someone who was convinced that Steven...
by MotoTrojan
Wed Jan 16, 2019 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 2641

Re: What are some disadvantages to TLH?

Duplicate holdings might be viewed as undesirable complexity to some. You may end up with long term unrealized gains for example in VXUS and IXUS; VTI and SCHB; and IJS and VIOV (essentially doubling the number of positions you hold in taxable). I have realized small short term and long term gains ...
by MotoTrojan
Wed Jan 16, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3905

Re: Any good reason to get a smartwatch?

The older I get (I'm 35) the more I am confused by popular products. A good example is the increasing popularity of Alexa and similar devices, which companies are practically giving away because they want access to people's household conversations and habits, though the only benefit they provide th...
by MotoTrojan
Wed Jan 16, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

Just lease a luxury car if you want and never worry about maintenance I’d never sink 50K into such a depreciating asset. I also don’t think I’ll ever spend 50K on a car, but that’s a different story. If leasing, 0 money down + research the invoice price of the car / money factor. Lease for 3 years,...
by MotoTrojan
Wed Jan 16, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: Sell an undiversified investment with unrealized capital gains?
Replies: 11
Views: 406

Re: Sell an undiversified investment with unrealized capital gains?

Would the after-tax value be better than the pre-tax value if you’d have been invested in your desired diversified portfolio instead? If so I’d consider myself lucky and just sell it all.
by MotoTrojan
Wed Jan 16, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Netflix Recommendations
Replies: 39
Views: 2827

Re: Netflix Recommendations

FRANK2009 wrote:
Wed Jan 16, 2019 12:08 pm
Just finished watching "Black Mirror" also. Pretty good, not great; except season 3 episode 4 was off the charts great!
Episode 2 (Playtest) was my favorite of that season.

Making a Murderer. Wow.

The Staircase.

Ozark (think it’s Netflix).
by MotoTrojan
Wed Jan 16, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 29
Views: 3381

Re: Further diversifying the 60/40 portfoilio?

Buying a few pieces of art, wine, or cryptocurrency (let alone land in Antarctica) is quite different than a fund containing 10,000+ companies outside the US. I would be interested to see any way you can state that holding Total US Stock (~3000 companies) is more diverse than holding any amount of ...
by MotoTrojan
Wed Jan 16, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How is the $1.3M invested (is it)? You have $2M at age 30 so you can do whatever you want, assuming you live comfortably on your $60K minimum salary. You are in a position to retire early should you desire, which this won't help. I assume given the age of this car that maintenance will be significa...
by MotoTrojan
Tue Jan 15, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How did you get to $600K taxable and more in IRA at your age and income? Just curious - that's some serious saving and/or investment income! My guess is the same way that OP has a $1.3M trust. If that is the case, I'd be curious what the OPs savings rate is. If it is quite low, I would suggest they...
by MotoTrojan
Tue Jan 15, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How is the $1.3M invested (is it)? You have $2M at age 30 so you can do whatever you want, assuming you live comfortably on your $60K minimum salary. You are in a position to retire early should you desire, which this won't help. I assume given the age of this car that maintenance will be significa...
by MotoTrojan
Tue Jan 15, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

My father-in-law always said that when you get an idea like that, just lie down til it goes away. You’ll be happier in the long run. My own experience has borne that out. I thought I wanted a ‘39 Chevy. Thank the lord I didn’t buy it. What was I thinking? Not sure your parents scrimped and saved so...
by MotoTrojan
Tue Jan 15, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How did you get to $600K taxable and more in IRA at your age and income? Just curious - that's some serious saving and/or investment income! My guess is the same way that OP has a $1.3M trust. If that is the case, I'd be curious what the OPs savings rate is. If it is quite low, I would suggest they...
by MotoTrojan
Tue Jan 15, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How is the $1.3M invested (is it)? You have $2M at age 30 so you can do whatever you want, assuming you live comfortably on your $60K minimum salary. You are in a position to retire early should you desire, which this won't help. I assume given the age of this car that maintenance will be significa...
by MotoTrojan
Tue Jan 15, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 18
Views: 2104

Re: My Withdrawal Strategy - Poke holes in it

With 60/40 across the board you may not have a very tax-efficient portfolio (bonds in taxable) but you could get there with some re-allocations or strategic withdrawals. Not sure I understand the long-term implications of your withdrawal strategy, but I agree you may be in trouble if you take out 4%...
by MotoTrojan
Tue Jan 15, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2110

Re: Can I afford a 50k car? If so, whats the best way to do it?

How is the $1.3M invested (is it)? You have $2M at age 30 so you can do whatever you want, assuming you live comfortably on your $60K minimum salary. You are in a position to retire early should you desire, which this won't help. I assume given the age of this car that maintenance will be significan...
by MotoTrojan
Tue Jan 15, 2019 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: More capital loss carryovers than can use in lifetime
Replies: 30
Views: 4093

Re: More capital loss carryovers than can use in lifetime

Booking more losses, from a TLH standpoint, is a good thing. Double check the title of this thread. Definitely not what the OP is looking for! :? I didn’t respond to the OP. But in the context of this thread? :confused That's like saying "Drinking more water is a good thing"...to a drowning person....
by MotoTrojan
Tue Jan 15, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 29
Views: 3381

Re: Further diversifying the 60/40 portfoilio?

I don’t feel you can even begin to look into diversification until you hold a >20% (of equity) stake in International. I'm not disagreeing with the international stake (opinions and numbers here vary wildly). I just want to point out that when you "diversify" into something else, you're "undiversif...
by MotoTrojan
Tue Jan 15, 2019 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Options for investing $35k in new funds into international fund to rebalance AA
Replies: 4
Views: 279

Re: Options for investing $35k in new funds into international fund to rebalance AA

I will soon have approximately $35k in funds added to my Wells Fargo 401k as part of a profit sharing plan, which I need to invest into an international fund to rebalance my AA. Any thoughts on the best place/fund to do this? Options: Keep in Wells Fargo 401k 1. Vanguard Total International (VTSNX)...
by MotoTrojan
Tue Jan 15, 2019 10:38 am
Forum: Investing - Help with Personal Investments
Topic: More capital loss carryovers than can use in lifetime
Replies: 30
Views: 4093

Re: More capital loss carryovers than can use in lifetime

libralibra wrote:
Tue Jan 15, 2019 2:54 am
MotoTrojan wrote:
Mon Jan 14, 2019 3:18 pm
Booking more losses, from a TLH standpoint, is a good thing.
Double check the title of this thread. Definitely not what the OP is looking for! :?
I didn’t respond to the OP.
by MotoTrojan
Tue Jan 15, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 29
Views: 3381

Re: Further diversifying the 60/40 portfoilio?

I don’t feel you can even begin to look into diversification until you hold a >20% (of equity) stake in International.
by MotoTrojan
Mon Jan 14, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: PNC 2.35% online savings
Replies: 13
Views: 1611

Re: PNC 2.35% online savings

Personally found it seamless to get my $300 bonus and then downgrade do a lesser account.
by MotoTrojan
Mon Jan 14, 2019 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Preservation of capital at Age 93
Replies: 26
Views: 3155

Re: Preservation of capital at Age 93

WhiteMaxima wrote:
Fri Jan 11, 2019 1:40 pm
Start to gift to your heirs now. Use maximum allowed. Happy life.
Could pass all of it with no penalty. The max allowed without filing a simple piece of paper is meaningless now unless the OP expects to receive a mid 7-figure windfall.
by MotoTrojan
Mon Jan 14, 2019 4:00 pm
Forum: Personal Consumer Issues
Topic: Credit score dropped dramatically, while credit has been frozen
Replies: 36
Views: 2612

Re: Credit score dropped dramatically, while credit has been frozen

About a year and a half ago I was one of the victims of the Equifax breach. I froze my credit at the time to be safe. October 2017 I briefly opened it back up to apply to an apartment rental, and they needed to check my credit. It was 795 at the time. I re-froze my credit right away after the check...